An Illinois federal judge has said she won't toss a claim brought by shareholders alleging a former Walgreens president made a false and misleading statement during an investor conference, rejecting the company's argument that an audio recording of that conference warranted a second look at her dismissal ruling.
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WEDNESDAY, APRIL 29, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Walgreens Can't Use Recording To Undo Investor Claim In Ill.

By Celeste Bott

An Illinois federal judge has said she won't toss a claim brought by shareholders alleging a former Walgreens president made a false and misleading statement during an investor conference, rejecting the company's argument that an audio recording of that conference warranted a second look at her dismissal ruling.

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Illinois Panel Limits BIPA Exemption For Gov't Contractors

By Lauraann Wood

The Biometric Information Privacy Act's government contractor exclusion is not a categorical exemption and applies only to violations that occur within the scope of a vendor's government-contracted work, an Illinois state appellate panel said Tuesday.

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Boeing Says 737 Max Plaintiffs Can't Seek Punitive Damages

By Ben Adlin

The Boeing Co. has told a Washington state court that dozens of plaintiffs suing over a 2024 door plug blowout on a 737 Max flight are ineligible to seek punitive damages in the case because such damages aren't allowed under Washington law.

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LITIGATION

CFTC Sues Wisconsin In Latest Prediction Market State Battle

By Aislinn Keely

The U.S. Commodity Futures Trading Commission on Tuesday added Wisconsin to the list of states it's taking to court to assert its "exclusive jurisdiction" over prediction markets after the state accused five platforms of offering illegal bets through their event contract offerings.

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SEVENTH CIRCUIT

7th Circ. Backs $7M Loan Fraudster's 6-Year Sentence

By Celeste Bott

The Seventh Circuit has upheld a six-year prison sentence for a financial controller on charges he defrauded two banks and caused more than $7 million in losses, backing a sentencing enhancement for his supervisory role in the scheme because he was "more than a conduit or middleman" and "actively planned, coordinated and concealed the fraud."

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EXPERT ANALYSIS

Small And Midsize Business Finance Faces More State Regs

Recent developments in state credit disclosure, consumer debt collection, and lender licensing and registration requirements suggest that companies extending financing to small and midsize businesses are likely to encounter a significantly more stringent legal climate moving forward, say attorneys at Manatt.

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LEGAL INDUSTRY

GrayRobinson Sued Over 'Reckless' Data Security Measures

By Adrian Cruz

GrayRobinson PA has been hit with a proposed class action accusing the Florida-based firm of negligence following the revelation of a March 2025 data breach that exposed the personal data of around 65,000 people.

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Judge Publicly Scolds 'Disgraced' Ex-Prosecutor For AI Errors

By Hayley Fowler

A North Carolina federal judge has eviscerated a former federal prosecutor in a public reprimand for his use of artificial intelligence to draft a response brief that was riddled with hallucinations, calling out the prosecutor's "lack of candor" and saying he "disgraced not only himself, but also the entire office he formerly served."

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Comey Indicted Again As Feds Call Seashell Message 'Threat'

By Phillip Bantz

Former FBI director James Comey was again indicted Tuesday by the Trump administration, this time over a social media post last year of an image of seashells arranged on a North Carolina beach to form the message "86 47," which prosecutors characterized as a threat of violence against the president.

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Maurene Comey Can Sue DOJ Over Firing, Judge Rules

By Phillip Bantz

Former Manhattan federal prosecutor Maurene Comey can move forward with her lawsuit alleging that President Donald Trump's administration fired her because she is the daughter of ex-FBI director and Trump's perceived enemy James B. Comey, a federal judge ruled Tuesday.

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ADT Blasts 'Speculative' Bid To DQ Ogletree From Bias Case

By Gina Kim

ADT LLC urged a Georgia federal judge on Monday to reject an attorney's motion to disqualify Ogletree Deakins Nash Smoak & Stewart PC from defending it against discrimination claims while concurrently defending Microsoft Corp. in the attorney's own pregnancy bias suit, arguing the two matters are wholly separate and unrelated so there's no conflict. 

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Nadine Menendez Says Feds Need To 'Look Into The Mirror'

By George Woolston

Nadine Menendez dug into her bid for bail while she appeals her conviction on a bribery scheme carried out with her ex-politician husband, telling a New York federal court that prosecutors refuse to own up to their handling of the "forced withdrawal" of her counsel.

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Brief

Teleflex Settles Catheter Patent Case Against Medtronic

By Elliot Weld

Medical device company Teleflex and Medtronic have reached a settlement to end a catheter patent dispute from which a judge recused himself after explaining he was "at a loss" on how to proceed.

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LAW FIRMS IN TODAY'S NEWS

Carlson Caspers

Clarick Gueron

Cozen O'Connor

Fox Rothschild

Fredrikson & Byron

Gibson Dunn

GrayRobinson

Honigman LLP

Kopelowitz Ostrow

Koskoff Koskoff

Levi & Korsinsky

Lubin Austermuehle

Manatt Phelps

McCurdy Laud

Ogletree Deakins

Patterson Belknap

Perkins Coie

Schertler Onorato

Seyfarth Shaw

Stokes Lawrence

Vaziri Law LLC

COMPANIES IN TODAY'S NEWS

ADT Inc.

Coinbase Global Inc.

First Midwest Bancorp Inc.

Medtronic PLC

Microsoft Corp.

Teleflex Inc.

The Boeing Co.

Vascular Solutions Inc.

VillageMD

Walgreens Boots Alliance Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commodity Futures Trading Commission

Consumer Financial Protection Bureau

Executive Office of the President

Federal Bureau of Investigation

Federal Emergency Management Agency

Federal Trade Commission

National Transportation Safety Board

Texas Legislature

Texas Office of Consumer Credit

U.S. Air Force

U.S. Attorney's Office for the Central District of Illinois

U.S. Attorney's Office for the Eastern District of North Carolina

U.S. Attorney's Office for the Northern District of New York

U.S. Attorney's Office for the Southern District of New York

U.S. Court of Appeals for the Seventh Circuit

U.S. Department of Defense

U.S. Department of Justice

U.S. District Court for the District of Minnesota

U.S. District Court for the Eastern District of North Carolina

U.S. District Court for the Eastern District of Virginia

U.S. District Court for the Middle District of Florida

U.S. District Court for the Northern District of Illinois

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Washington

U.S. Office of Personnel Management

United States District Court for the Eastern District of Wisconsin

United States District Court for the Southern District of Georgia